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Income Inequality and Educational Attainment Rates: The New York Story

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  • Ali R. Cannoni
  • James J. Jozefowicz

Abstract

This paper examines the relationship between changes in income inequality and educational attainment rates in New York counties during the 1990s. The dependent variable is the change in the Gini coefficient over the decade. The independent variables include the Gini coefficient for 1990, educational attainment rates at the high school, bachelor's degree, and graduate/professional levels, the natural logarithm of population density in the county, real public educational expenditures in the county for several years preceding the 1990s, and an index of racial diversity in the county in 1990. Results of OLS regressions suggest that county population density, and educational attainment rates at the bachelor's and graduate degree levels are associated with increases in county income inequality over time. Alternatively, the initial level of income inequality and the high school attainment rate are associated with decreases in income inequality over time in New York counties.

Suggested Citation

  • Ali R. Cannoni & James J. Jozefowicz, 2008. "Income Inequality and Educational Attainment Rates: The New York Story," New York Economic Review, New York State Economics Association (NYSEA), vol. 39(1), pages 28-43.
    • Handle: RePEc:nye:nyervw:v:39:y:2008:i:1:p:28-43
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